Seismic Studies


I have been approached by Global Geophysics (who are mapping the Marcellus shale in Pennsylvania) to do a study on my property (100+ acres), which is in North Union township.  Anyone have any experience with them?  Anything to beware of?  Does anyone know the potential for $ payment to landowners for these studies?

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Replies to This Discussion

Permalink Reply by Faycopa on February 2, 2010 at 8:08am
Who are they doing the seismic for?
Is your property leased?
If it's not leased, I wouldn't allow it.
Permalink Reply by J.M. on February 3, 2010 at 2:36am
Property is leased with Marathon. Marathon is a customer of Global Geophysics and will get the data.
Permalink Reply by Country Bumkin on February 2, 2010 at 4:12pm
I agree with Faycopa. Don't do it if you aren't leased yet. They are probably only going to offer you $3 - $5 to do seismic. Not worth the risk in my book. If they want your acreage, make them offer you a fair lease.
Permalink Reply by J.M. on February 3, 2010 at 2:36am
Property is leased with Marathon. Marathon is a customer of Global Geophysics and will get the data.
Permalink Reply by William Lohrentz on February 3, 2010 at 3:14am
Global says they are working for various drillers, but primarily Marathon. Marathon confirms this, so I would guess they are OK They are offering $3/acre.

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